A better way to secure on-line Transaction
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eTradepay is designed to solve core problem of payment and settlement in the process of int'l trade.
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eTradePay is entrusted by Buyers and Suppliers to receive Buyers’ payments and settle the payments to Suppliers according to e-Contract signed on the platform of Comb2b.com.
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eTradepay’s Account Management System
1. Supplier opens a sub-account under the umbrella of eTradePay for the purpose of accepting payment from Buyer.
2. Buyer can make payment to eTradePay as per e-Contract.
3. The payment is settled to Supplier upon shipment delivery as per e-Contract.
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Advantage:
1. Convenience: overseas Buyers can make direct purchases and payments to Chinese vendors via eTradePay via eTradePay.
2. Security: No worry about non-delivery after payment or non-payment after delivery.
3. Low Cost: One payment can cover multiple purchase orders with different Suppliers, which can reduce bank surcharges.
Afraid of non-delivery after payment or non-payment after delivery? Use eTradePay!
The process of Payment and Settlement
Payment
Two Payment Methods :
Settlement
Deposit and Balance release
The payment is settled to Supplier by :
Deposit Release: Once cargo shipped on-board.
Balance Release:One working day (HK time) after buyer’s pick-up of cargo.